Western. Capital and Golden American each further agrees to pay the Trust one half of the amount by which expenses, other than extraordinary expenses, incurred by the Trust in behalf of the Limited Maturity Bond Series between April 13, 1989 and April 13, 1990 exceed 1.0% of the Limited Maturity Bond Series' average daily net assets during such period. Such payments shall be made (1) on December 31, 1989 with respect to expenses incurred by the Trust between April 13, 1989 and December 31, 1989, and (2) on April 13, 1990 with respect to expenses incurred by the Trust between January 1, 1990 and April 13, 1990."
Appears in 7 contracts
Samples: Organizational Agreement (Separate Account B of Golden American Life Insurance Co), Organizational Agreement (Separate Account a of Golden American Life Insurance Co), Organizational Agreement (Separate Account B of Golden American Life Insurance Co)
